There are certain rules of thumb in the financial industry, many of which you might’ve heard of. For example, the “Rule of 100” or the “4% Rule” might sound familiar to you. But how helpful are these rules of thumb in real-life planning?

In this episode, Mark walks through 5 common financial rules and shares his thoughts as a financial advisor.

Here’s some of what we discuss in this episode:

• The Rule of 100 is a helpful way to think about risk and savings as you approach retirement
• Why Mark generally disagrees with the 75% Rule
• The 6-Month Savings Rule is a reasonable guideline for emergency funds
• The accuracy of Wall Street’s Rule of 5
• The danger of the 4% Rule + the importance of comprehensive withdrawal strategies

Want to get in touch with Mark?

https://retirementhuddle.com/
mark@howardfinancialgroup.com
888-511-7526

Welcome back to the Retirement Huddle podcast! In today’s episode, we’re exploring the timeless wisdom of Oscar Wilde. Celebrated as one of the English language's most quotable figures, he offers us a unique lens to explore financial wisdom.

Here are the quotes we discuss in this episode:

• “I have the simplest tastes. I am always satisfied with the best.”
• “Education is an admirable thing, but it is well to remember from time to time that nothing that is worth knowing can be taught.”
• “To expect the unexpected shows a thoroughly modern intellect.”
• “Experience is simply the name we give our mistakes.”

Want to get in touch with Mark?

https://retirementhuddle.com/
mark@howardfinancialgroup.com
888-511-7526

One of the topics we discuss pretty frequently here on the show is life insurance. While it may not be the most exciting subject, there are several reasons why life insurance might be useful as part of your retirement plan. Stay tuned as we explore the diverse benefits of life insurance in this episode.

Here’s some of what we discuss in this episode:

• The importance of life insurance in providing income replacement for surviving spouses
• The role of life insurance in settling an estate + building a legacy for beneficiaries
• The power of buying life insurance when you’re young
• How life insurance can make transferring family wealth easier and more tax-efficient
• The benefits of life insurance for small business owners + high-income earners
• How the life insurance industry is helping people who can’t afford long-term care

Want to get in touch with Mark?

https://retirementhuddle.com/
mark@howardfinancialgroup.com
888-511-7526